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Average Training and Development Specialists Salary in Southside Virginia nonmetropolitan area

Training and Development Specialists in the Southside Virginia nonmetropolitan area are earning an impressive average annual salary of $79,110. This figure notably surpasses the national average of $73,570, indicating a localized demand or specialized need for these professionals within the region. Factors such as industry concentration and the specific skill sets required by local employers likely contribute to this elevated compensation.

Executive Summary

  • Average Salary: $79,110 per year.
  • Growth Trend: Salaries have shifted 12.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $106,030.
  • Outlook: With a total local workforce of 350 Training and Development Specialists, the job market in Southside Virginia presents a stable environment for these professionals. The location quotient of 1.2 suggests a slightly higher concentration of these roles compared to the national average, implying a consistent, albeit not overwhelmingly saturated, demand for their expertise within the region's economic landscape.
2024 Market Data

Salary Overview

$79,110

The average Training and Development Specialists in Southside Virginia nonmetropolitan area earns+7.5%above the national average.

BreakdownBased on 40h/week
Hourly

$38

Weekly

$1,521

Monthly

$6,593

Training and Development Specialists Salary Distribution in Southside Virginia nonmetropolitan area

Career progression for Training and Development Specialists in Southside Virginia, as elsewhere, is typically marked by increasing salary potential. Entry-level positions might start at a lower percentile, while seasoned professionals with extensive experience and specialized skills can command salaries in the higher percentiles. The gap between entry-level and senior roles signifies the value placed on accumulated expertise, strategic planning abilities, and leadership in developing impactful training programs.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$36,240$17.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$59,333$28.5
ManagerOversees team, compliance, and project delivery.50% (Median)$81,780$39.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$98,888$47.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$106,030$51

Detailed Training and Development Specialists Market Analysis

Relocation Context

Nominal Salary

$79,110

Gross Pay

Real Wage (Purchasing Power)

$79,110

Adjusted for COL (100)

The nominal average annual salary of $79,110 in Southside Virginia is particularly attractive given the local Cost of Living Index stands at 100, which is precisely the national average. This means that the purchasing power of the salary is on par with the national standard, allowing professionals to maintain a comparable lifestyle without the added financial strain often associated with higher cost-of-living areas.

Job Market Context

350

Total Jobs

3.401

Per 1K Jobs

1.2

Location Quotient

Above Average

With a location quotient of 1.20, Southside Virginia nonmetropolitan area has a slightly higher-than-average concentration of Training and Development Specialists roles compared to the national norm.

A location quotient of 1.2 for Training and Development Specialists in Southside Virginia indicates that the region has a slightly higher concentration of these roles relative to its overall workforce compared to the national average. This suggests a healthy, competitive job market where employers actively seek these skills, but it does not necessarily imply an oversaturation, offering a good balance for job seekers and employers alike.

Nearby Job Markets

Nearby Cities for Training and Development Specialists

Comparing salaries near Southside Virginia nonmetropolitan area

Hiring Training and Development Specialistss?

Frequently Asked Questions

How much does a Training and Development Specialists make in Southside Virginia nonmetropolitan area?

The median annual salary for a Training and Development Specialists in Southside Virginia nonmetropolitan area is $79,110. This typically ranges from $36,240 for entry-level positions to $106,030 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southside Virginia nonmetropolitan area is 7.5% higher than the national median of $73,570.

Is Southside Virginia nonmetropolitan area a lucrative place for Training and Development Specialists?

Yes, it offers above-average compensation.Training and Development Specialists in Southside Virginia earn an average of $79,110 annually, exceeding the national average. Combined with a cost of living that matches the national average, this makes the region financially attractive for these professionals.

Is Southside Virginia nonmetropolitan area a good place to live for Training and Development Specialists?

The Cost of Living Index in Southside Virginia nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Southside Virginia nonmetropolitan area?

Some top paying nearby cities include Charlottesville, VA ($80,250) and Richmond, VA.

How does the local job market compare to the national average for this role?

The local job market in Southside Virginia has a slightly higher concentration of Training and Development Specialists, as indicated by a location quotient of 1.2, suggesting a robust demand relative to the national average.

What is the average salary for a Training and Development Specialist in Southside Virginia?

The average annual salary for a Training and Development Specialist in Southside Virginia is $79,110, which is higher than the national average.

How does the cost of living in Southside Virginia affect salary perception?

The cost of living in Southside Virginia is exactly at the national average (100), meaning the $79,110 salary offers purchasing power equivalent to the national standard, making it a financially sound location.

What is the concentration of Training and Development Specialists in this area?

The concentration, measured by the location quotient, is 1.2, indicating that there are more Training and Development Specialists per worker in Southside Virginia than the national average.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 350 employees in the Southside Virginia nonmetropolitan area area with a job density of 3.401 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.